BYPG Brantree Youth Prql Ct ANNUAL REPORT 2025
Chairman's Report
This is my first report as Chairman, having taken on the role following the decision by our long-standing Chairman, Andrew East, to step down in Autumn 2024. Andrew had served on the Board for nearly ten years and we owe him enormous gratitude for his guiding hand over this time. The last year has seen much transition within both the staff team and the Board, and we are looking forward to greater stability in the coming year, with a very good team now in place.
We have a small group of regular volunteers who give up their time to come down to sessions and go on trips, without these wonderful people we wouldn’t be able to put on some of the excellent activities that we have been able to run, but we are always looking to add to their number.
Spending time with the young people of Braintree is a privilege, it can be very rewarding and I encourage others to join us.
I have enjoyed attending sessions at The Hut as a volunteer, and a memorable evening trip to London with a group of young people to see Wicked.
We have welcomed new Board members this year which has been a source of great support and a huge encouragement. Thank you to Binny and Carole for coming on board.
I would like to give special thanks to Kirsty who stepped back in to help with finances and give advice to the board over the last year, Penny, who has continued to support us with her Safeguarding role, and Graham, who has once again managed to help us find significant amounts of funding which will allow the young people of Braintree to have excellent provision and some wonderful experiences in the near future.
God Bless
David Huxter Chairman
Centre Manager’s Report
It is a pleasure to introduce myself as the new Centre Manager at Braintree Youth Project Charity (BYPC), having joined the team on the 1st of April 2025. I am truly grateful for the warm welcome I’ve received and feel blessed to be part of such a passionate and committed team. I look forward to seeing what God has in store for us as we continue to serve the young people of Braintree.
Currently, our centre is thriving with weekly activities designed to offer young people a safe and engaging environment. Monday evenings see the building come alive with our Board Games night, providing a relaxed and social space. On Wednesday afternoons, we host our Home Education group, offering valuable support to local families. Fridays are our busiest day with our popular Drop-In sessions, which continue to be a cornerstone of our outreach.
We are also in the process of expanding our programme. Plans are underway to launch a Sports and Boxing session on Tuesdays, aimed at engaging a wider demographic of young people through fitness and discipline. Additionally, we are excited to be bringing back our well-loved Lego Club, which has previously been a hit with many of our younger attendees.
As Centre Manager, my role includes overseeing the day-to-day administration, financial responsibilities, and property management. It is essential that we meet all legal requirements as both a registered charity and a company, and we take great care to ensure best practices are upheld in our work with young people, in supporting our invaluable volunteers, and in promoting the mission of BYPC throughout Braintree and the surrounding area.
It has been a joy to work alongside Lucy O'Dell, whose experience and dedication have been a great support. We are also delighted to welcome our new Youth Worker, Leanne Bewley, who brings fresh energy and enthusiasm to our team.
As we move forward, we remain committed to shining brightly in Braintree and finding new ways to reach, support and inspire more young people in our community. Thank you for your continued prayers, encouragement, and support.
With every blessing, Eutecia Jegede Centre Manager
Youth Worker’s Report
I’d like to take this opportunity to warmly welcome two new members of staff to the Braintree Youth Project Charity team. Leanne has joined us as our new full-time Youth Worker, and Eutecia has come on board as our new Centre Manager. We’re thrilled to have them both with us and excited for the experience and passion they bring to our work with young people.
I would also like to extend a heartfelt thank you to all of our incredible volunteers. Your ongoing time, commitment, and support make a real difference to the lives of young people in Braintree it is always deeply appreciated. We are looking forward to showing our gratitude by welcoming you all to our Thank You BBQ this summer more details will follow soon!
We’re also on the lookout for new volunteers to join our team. If you or someone you know is interested, please feel free to pop down to The Hut and speak to one of our friendly team members we’d love to hear from you.
Over the past year, we’ve run 13 day trips and 2 residentials for the young people who attend BYPC. Thanks to the support of the Jack Petchey Foundation, we’re excited to expand our programme and offer even more opportunities for day trips in the year ahead.
We’re also introducing some new sessions, including “Time for Me,” which focuses on mental health and wellbeing, and a brand-new sporty session. With these additions, we’ll now be running five sessions each week, creating more opportunities for young people to engage, connect, and thrive.
Importantly, we’ve continued to support some of our most vulnerable young people — including those in the care system by offering one-on-one support, additional time, and by attending Child in Need (CIN) meetings when needed. This holistic approach ensures that our support reaches those who need it most.
Finally, I’d like to say a special thank you to all of the churches who have consistently shown generosity and encouragement towards our work. We’re pleased to announce that we’ll be restarting our church visits now that our new team members have settled in.
Thank you once again for being part of our journey.
Warm regards,
Lucy O'DellYouth Worker
Safeguarding Report – April 2025
This has been a busy year for BYPC. We have reviewed our policy and procedures, as we do at least annually, and linked them with the Behaviour Management policy and procedures.
Our aim is to make safeguarding procedures very clear and accessible to all – staff, volunteers and young people.
Several meetings have been held with relevant people to address one or two safeguarding concerns that were raised by youth workers and volunteers.
DBS applications have been processing, and this will continue, to ensure everyone who is working with our young people is up-to-date with their Disclosure and Barring Service certificates.
We continue to subscribe to 31-8, a Christian organisation, inspired to “speak out on behalf of the voiceless, and for the rights of all who are vulnerable” Proverbs 31:8
We have received offers of support from Essex Youth Services, to carry out an audit of our safeguarding at BYPC. This will not only ensure we are compliant but also draw on their wider experiences in dealing with safeguarding issues.
EYS will be delivering safeguarding training in May for all staff and volunteers.
Safeguarding is a priority for all adults and young people at BYPC and our work to keep it high profile will continue.
We are at the beginning of an exciting period in the life of BYPC, with excellent new staff on board; Centre manager and Youth Worker, and a dedicated, passionate youth worker supporting their start in their new roles. With these roles filled, and safeguarding being owned by all, we will continue to make sure that BYPC is a safe and welcoming place for 11-18 year olds.
Penny Smith Lead Recruiter
Finance Report
Our finances remain steady, due mainly to the work of Graham Goodchild as Fundraiser, who has secured numerous grants this year, including support from the Lottery Community Fund which covers staff salaries.
There is always maintenance work needed on the building, and this is provided for through general running costs.
We have also spent significant amounts on equipment this year, funded by a grant from the Lottery Community Fund. This equipment should be long-lasting, and able to be rented out to other organisations, which will bring in revenue.
Individual and church donations have been generous, and we thank everyone who has been able to contribute financially, especially at a time when many face personal and organisational budget constrictions.
Financial year 2023-2024 (Nov 2023-Oct 2024) Income: £68,169.53 Expenditure: £67,804.49 Net surplus: £365.04
Restricted Grants:
-
National Lottery Community Fund (Salaries) - £35,975.50
-
National Lottery Community Fund (Equipment) - £13,000.00
-
Essex Community Foundation - £5520.00
-
Jack Petchey Foundation - £1559.90
-
Essex Council for Voluntary Youth Services - £90.00
-
Employee Volunteering - £300.00 Total: £56,695.40
Unrestricted Grants:
- Town Partnership - £1367.37 Future funding
Forward funding looks promising as we have obtained some finance for our programs in the coming twelve months, which will enable us to commit to upcoming events. We now need to start building relationships to cement funding when the lottery runs out in two years.
Kirsty Huxter Finance Director
==> picture [121 x 19] intentionally omitted <==
----- Start of picture text -----
Sh,re: aeSESS) ee4 a=
----- End of picture text -----
Support Us Financially
Ways you can support us financially:
Monthly Standing Order
Setting up a monthly standing order helps us to plan our day to day finances. You can give any amount you want, but typically £5 or £10 a month is the norm. It is straightforward to set up from your bank account: Sort Code: 40-52-40
Account Number: 00020531
If you are a taxpayer, we can claim an additional 25% of your gift from the Government. Contact the office for a Gift Aid form, or download it from our website.
Every gift makes a difference. Thank you!
Thank you for your support!
Registered in England Company No: 7437568 Registered with the Charity Commission No: 1139014 Registered address: 2 St Michael’s Road, Braintree, CM7 1EX
Telephone: 01376 323764 Email: contact@braintreeyouth.org.uk Website: www.braintreeyouth.org.uk
Braintree Youth Project Charity
Charity No. 1139014
Company No. 07437568
Trustees' Report and Unaudited Accounts
31 October 2024
Braintree Youth Project Charity Contents
| Pages | ||
|---|---|---|
| Trustees' Annual Report | 2 to 3 | |
| Independent Examiner's Report | 4 | |
| Statement of Financial Activities | 5 | |
| Summary Income and Expenditure Account | 6 | |
| Balance Sheet | 7 | |
| Notes to the Accounts | 8 to | 15 |
| Detailed Statement of Financial Activities | 16 to | 17 |
Page 1
Braintree Youth Project Charity Trustees Annual Report
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 October 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. 07437568
Charity No. 1139014
Registered Office
Fountain Cottages 2 St Michaels Road Braintree Essex CM7 1EX
Directors and Trustees
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
A.L. East D.J. Huxter P. Smith R.D. Wearmouth
==> picture [298 x 71] intentionally omitted <==
Company Secretary
K.R. Huxter
Accountants
Quantic Accountancy Limited 1 Second Avenue Bluebridge Halstead Essex CO9 2SU
Bankers
CAF Bank Limited 25 Kings Hill Avenue Kings Hill West Maling Kent ME19 4JQ
Page 2
Braintree Youth Project Charity Trustees Annual Report
OBJECTIVES AND ACTIVITIES
The purpose of the charity is to improve the life chances of the young people of Braintree, through the provision of a youth club.
The youth club forms the basis for the provision of services to meet the needs of the young people in areas such as substance abuse, health, welfare, education, employment and relationships etc
ACHIEVEMENTS AND PERFORMANCE
The charity received grants and donations totalling £68,440 (2023: £62,960)
PLANS FOR FUTURE PERIODS
The trustees intend to continue its policy of providing services through the youth club to the young people of Braintree.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity was incorporated on 11 November 2010 and is governed by the Memorandum and Articles of Association of the company, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The trustees have considered the risks faced by the charity and identified the major risks to which the charity is exposed.
They have reviewed those risks and satisfied themselves that there are controls in place to mitigate their potential effect.
New members of the board are identified by existing members to fill particular skills gaps and are given appropriate charity legislation guidance.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
A.L. East Trustee 13 May 2025
Page 3
Braintree Youth Project Charity Independent Examiners Report
Independent Examiner's Report to the trustees of Braintree Youth Project Charity
I report to the charity trustees on my examination of the financial statements of Braintree Youth Project Charity for the year ended 31 October 2024.
Responsibilities and basis of report
As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.
Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in accordance with section 386 of the 2006 Act ; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
-
the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
S J Foster (FCCA) ACCA Quantic Accountancy Limited 1 Second Avenue Bluebridge Halstead Essex CO9 2SU 13 May 2025
Page 4
Braintree Youth Project Charity Statement of Financial Activities
for the year ended 31 October 2024
| Notes Income and endowments from: Donations and legacies 4 Charitable activities 5 Investments 6 Other 7 Total Expenditure on: Charitable activities 8 Other 9 Total Net gains on investments Net expenditure 10 Transfers between funds Net expenditure before other gains/(losses) Other gains and losses Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds 2024 £ 11,995 - 63 1,480 |
Restricted funds 2024 £ 56,445 141 - - |
Total funds 2024 £ 68,440 141 63 1,480 |
Total funds 2023 £ 62,960 490 123 400 |
|---|---|---|---|---|
| 13,538 355 22,280 |
56,586 3,203 46,485 |
70,124 3,558 68,765 |
63,973 10,196 61,934 |
|
| 22,635 - |
49,688 - |
72,323 - |
72,130 - |
|
| (9,097) - |
6,898 - |
(2,199) - |
(8,157) - |
|
| (9,097) | 6,898 | (2,199) | (8,157) | |
| (9,097) 13,283 |
6,898 46,316 |
(2,199) 59,599 |
(8,157) 67,756 |
|
| 4,186 | 53,214 | 57,400 | 59,599 |
Page 5
Braintree Youth Project Charity Summary Income and Expenditure Account
for the year ended 31 October 2024
| Income Interest and investment income Gross income for the year Expenditure Depreciation and charges for impairment of fixed assets Total expenditure for the year Net expenditure before tax for the year Net expenditure for the year |
2024 £ 70,061 63 70,124 68,855 3,468 72,323 (2,199) (2,199) |
2023 £ 63,850 123 |
|---|---|---|
| 63,973 | ||
| 70,722 1,408 |
||
| 72,130 | ||
| (8,157) | ||
| (8,157) |
Page 6
Braintree Youth Project Charity Balance Sheet
at 31 October 2024
| Company No. 07437568 Notes 2024 £ Fixed assets Tangible assets 12 15,004 15,004 Current assets Debtors 13 5,626 Cash at bank and in hand 37,349 42,975 Creditors:Amount falling due within one year 14 (579) Net current assets 42,396 Total assets less current liabilities 57,400 Net assets excluding pension asset or liability 57,400 Total net assets 57,400 The funds of the charity Restricted funds 15 Restricted income funds 53,214 53,214 Unrestricted funds 15 General funds 4,186 4,186 Reserves 15 Total funds 57,400 |
2023 £ 4,346 |
|---|---|
| 4,346 3,551 52,860 |
|
| 56,411 (1,158) |
|
| 55,253 59,599 |
|
| 59,599 | |
| 59,599 | |
| 46,316 | |
| 46,316 13,283 |
|
| 13,283 | |
| 59,599 |
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 31 October 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 13 May 2025
And signed on its behalf by:
D.J. Huxter Trustee 13 May 2025
Page 7
Braintree Youth Project Charity Notes to the Accounts
for the year ended 31 October 2024
- 1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
Fund accounting
-
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
-
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
-
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Income
-
Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
-
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
-
Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
-
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 8
Braintree Youth Project Charity Notes to the Accounts
Expenditure
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT expenditure which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Equipment 15% Straight line
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Page 9
Braintree Youth Project Charity Notes to the Accounts
Leased assets
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
Pension costs
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
Receipt of donated goods, facilities and services
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
2 Company status
The company is a private company limited by guarantee and consequently does not have share capital.
Page 10
Braintree Youth Project Charity Notes to the Accounts
3 Statement of Financial Activities - prior year
| Income and endowments from: Donations and legacies Charitable activities Investments Other Total Expenditure on: Charitable activities Other Total Net income Transfers between funds Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 4 Income from donations and legacies Grants received Donations 5 Income from charitable activities Youth courses and projects |
Unrestricted £ 1,367 10,628 11,995 |
Unrestricted funds 2023 £ 14,002 - 123 400 14,525 339 17,250 17,589 (3,064) (5,383) (8,447) (8,447) 21,730 13,283 Restricted £ 56,445 - 56,445 Restricted £ 141 141 |
Restricted funds 2023 £ 48,958 490 - - 49,448 9,857 44,684 54,541 (5,093) 5,383 290 290 46,026 46,316 Total 2024 £ 57,812 10,628 68,440 Total 2024 £ 141 141 |
Total funds 2023 £ 62,960 490 123 400 |
|---|---|---|---|---|
| 63,973 10,196 61,934 |
||||
| 72,130 | ||||
| (8,157) - |
||||
| (8,157) | ||||
| (8,157) 67,756 |
||||
| 59,599 | ||||
| Total 2023 £ 53,099 9,861 |
||||
| 62,960 | ||||
| Total 2023 £ 490 |
||||
| 490 |
Page 11
Braintree Youth Project Charity Notes to the Accounts
6 Income from investments
| Bank interest received 7 Other income Rental income 8 Expenditure on charitable activities Expenditure on charitable activities Youth courses and projects Youth sports equipment Governance costs Independent examiners fee 9 Other expenditure Refund of grant Marketing costs Employee costs Premises costs Amortisation, depreciation, impairment, profit/loss on disposal of fixed assets General administrative costs Legal and professional costs 10 Net expenditure before transfers This is stated after charging: Depreciation of owned fixed assets |
Unrestricted £ - - 355 355 Unrestricted £ - 245 1,028 12,868 2,934 4,888 317 22,280 |
Unrestricted £ 63 63 Unrestricted £ 1,480 1,480 |
Total 2024 £ 63 63 Total 2024 £ 1,480 1,480 |
Total 2023 £ 123 |
|---|---|---|---|---|
| 123 | ||||
| Total 2023 £ 400 |
||||
| 400 | ||||
| Restricted £ 2,973 230 - 3,203 Restricted £ 1,750 - 41,251 2,950 534 - - 46,485 2024 £ 3,468 |
Total 2024 £ 2,973 230 355 3,558 Total 2024 £ 1,750 245 42,279 15,818 3,468 4,888 317 68,765 |
Total 2023 £ 9,501 356 339 |
||
| 10,196 | ||||
| Total 2023 £ - 744 44,576 12,158 1,408 2,790 258 |
||||
| 61,934 | ||||
| 2023 £ 1,408 |
Page 12
Braintree Youth Project Charity Notes to the Accounts
| 11 | Staff costs | ||
|---|---|---|---|
| 2024 | 2023 | ||
| Salaries and wages | 40,238 | 42,799 | |
| Pension costs | 938 | 1,315 | |
| 41,176 | 44,114 | ||
| No employee received emoluments in excess of £60,000. | |||
| The average monthly number of full time equivalent employees | during the year was as follows: | ||
| 2024 | 2023 | ||
| Number | Number | ||
| Youth worker | 3 | 2 | |
| Administration | 1 | 1 | |
| 4 | 3 | ||
| 12 | Tangible fixed assets | ||
| Equipment | Total | ||
| £ | £ | ||
| Cost or revaluation | |||
| At 1 November 2023 | 16,479 | 16,479 | |
| Additions | 14,126 | 14,126 | |
| At 31 October 2024 | 30,605 | 30,605 | |
| Depreciation and | |||
| impairment | |||
| At 1 November 2023 | 12,133 | 12,133 | |
| Depreciation charge for the | 3,468 | 3,468 | |
| year | |||
| At 31 October 2024 | 15,601 | 15,601 | |
| Net book values | |||
| At 31 October 2024 | 15,004 | 15,004 | |
| At 31 October 2023 | 4,346 | 4,346 | |
| 13 | Debtors | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Trade debtors | 1,970 | 603 | |
| Other debtors | 2,000 | 2,000 | |
| Prepayments and accrued income | 1,656 | 948 | |
| 5,626 | 3,551 | ||
| 14 | Creditors: | ||
| amounts falling due within one year | |||
| 2024 | 2023 | ||
| £ | £ | ||
| Other taxes and social security | 227 | 14 | |
| Accruals | 352 | 1,144 | |
| 579 | 1,158 |
Page 13
Braintree Youth Project Charity Notes to the Accounts
15 Movement in funds
| Restricted funds: Restricted income funds: Salaries Premises Costs Sports Equipment and Sessions Heating Activities and Trips Horticultural Project Media Project Total Unrestricted funds: General funds Total funds |
At 1 November 2023 - 5,556 4,075 - 33,194 2,050 1,441 46,316 13,283 59,599 |
Incoming resources (including other gains/losses) £ 54,495 300 - - 1,791 - - 56,586 13,538 70,124 |
Resources expended £ - (41,251) (764) (4,700) (2,973) - - (49,688) (22,635) (72,323) |
At 31 October 2024 £ 54,495 (35,395) 3,311 (4,700) 32,012 2,050 1,441 |
|---|---|---|---|---|
| 53,214 | ||||
| 4,186 | ||||
| 57,400 |
Purposes and restrictions in relation to the funds:
Restricted funds: Salaries Fund staff costs Premises Costs Fund cost of premises Sports Equipment and Fund cost of sports equipment and running sessions Sessions Heating Fund cost of sports equipment and running sessions Activities and Trips Fund cost of activities and trips Horticultural Project Fund cost of a horticultural project Media Project Fund cost of a media project
16 Analysis of net assets between funds
| Fixed assets Net current assets |
Unrestricted funds £ 13,502 30,902 44,404 |
Restricted funds £ 1,502 11,494 12,996 |
Total £ 15,004 42,396 |
|---|---|---|---|
| 57,400 |
Page 14
Braintree Youth Project Charity Notes to the Accounts
17 Reconciliation of net debt
| Reconciliation of net debt | |||
|---|---|---|---|
| Cash and cash equivalents Net debt |
At 1 November 2023 £ |
Cash flows £ |
At 31 October 2024 £ |
| 52,860 | (15,511) | 37,349 | |
| 52,860 52,860 |
(15,511) (15,511) |
37,349 | |
| 37,349 |
18 Commitments
Operating lease commitments
Annual commitments under non-cancellable operating leases are as follows:
| Operating leases with expiry date: Within one year In the second to fifth years inclusive Pension commitments The pension cost charge to the company amounted to: Related party disclosures Controlling party |
2024 Land and buildings £ - 8,000 8,000 |
2024 Other £ - - - 2024 £ 938 |
2023 Land and buildings £ - 8,000 8,000 |
2023 Other £ 264 - |
|---|---|---|---|---|
| 264 | ||||
| 2023 £ 1,315 |
||||
19 Related party disclosures
There is no controlling party.
Page 15
Braintree Youth Project Charity Detailed Statement of Financial Activities
for the year ended 31 October 2024
| Income and endowments from: Donations and legacies Grants received Donations Charitable activities Youth courses and projects Investments Bank interest received Other Rental income Total income and endowments Expenditure on: Charitable activities Youth courses and projects Youth sports equipment Governance costs Independent examiners fee Total of expenditure on charitable activities Other expenditure Refund of grant Marketing costs Employee costs Salaries/wages Pension costs Staff entertainment Staff recruitment Staff training Premises costs Rent Rates |
Unrestricted funds 2024 £ 1,367 10,628 11,995 - - 63 63 1,480 1,480 13,538 - - - 355 355 355 - 245 245 - - 468 - 560 1,028 8,000 267 |
Restricted funds 2024 £ 56,445 - 56,445 141 141 - - - - 56,586 2,973 230 3,203 - - 3,203 1,750 - 1,750 40,238 938 - 75 - 41,251 - - |
Total funds 2024 £ 57,812 10,628 68,440 141 141 63 63 1,480 1,480 70,124 2,973 230 3,203 355 355 3,558 1,750 245 1,995 40,238 938 468 75 560 42,279 8,000 267 |
Total funds 2023 £ 53,099 9,861 |
|---|---|---|---|---|
| 62,960 | ||||
| 490 | ||||
| 490 | ||||
| 123 | ||||
| 123 | ||||
| 400 | ||||
| 400 | ||||
| 63,973 9,501 356 |
||||
| 9,857 | ||||
| 339 | ||||
| 339 | ||||
| 10,196 - 744 |
||||
| 744 | ||||
| 42,799 1,315 446 - 16 |
||||
| 44,576 | ||||
| 8,000 872 |
Page 16
Braintree Youth Project Charity Detailed Statement of Financial Activities
| Light, heat and power Premises cleaning Premises insurances Premises repairs and maintenance General administrative costs, including depreciation and amortisation Depreciation of Equipment Bank charges General insurances Postage and couriers Software, IT support and related costs Stationery and printing Subscriptions Telephone, fax and broadband Legal and professional costs Other legal and professional costs Total of expenditure of other costs Total expenditure Net gains on investments Net expenditure Net expenditure before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
1,457 359 1,030 1,755 12,868 2,934 66 651 9 1,209 1,626 469 858 7,822 317 317 22,280 22,635 - (9,097) (9,097) - (9,097) 13,283 4,186 |
- - - 2,950 2,950 534 - - - - - - - 534 - - 46,485 49,688 - 6,898 6,898 - 6,898 46,316 53,214 |
1,457 359 1,030 4,705 15,818 3,468 66 651 9 1,209 1,626 469 858 8,356 317 317 68,765 72,323 - (2,199) (2,199) - (2,199) 59,599 57,400 |
1,382 223 365 1,316 |
|---|---|---|---|---|
| 12,158 | ||||
| 1,408 125 642 14 247 915 305 542 |
||||
| 4,198 | ||||
| 258 | ||||
| 258 | ||||
| 61,934 | ||||
| 72,130 - |
||||
| (8,157) | ||||
| (8,157) - |
||||
| (8,157) | ||||
| 67,756 | ||||
| 59,599 |
Page 17
Braintree Youth Project Charity
Charity No. 1139014
Company No. 07437568
Trustees' Report and Unaudited Accounts
31 October 2024
Braintree Youth Project Charity Contents
| Pages | ||
|---|---|---|
| Trustees' Annual Report | 2 to 3 | |
| Independent Examiner's Report | 4 | |
| Statement of Financial Activities | 5 | |
| Summary Income and Expenditure Account | 6 | |
| Balance Sheet | 7 | |
| Notes to the Accounts | 8 to | 15 |
| Detailed Statement of Financial Activities | 16 to | 17 |
Page 1
Braintree Youth Project Charity Trustees Annual Report
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 October 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. 07437568
Charity No. 1139014
Registered Office
Fountain Cottages 2 St Michaels Road Braintree Essex CM7 1EX
Directors and Trustees
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
A.L. East D.J. Huxter P. Smith R.D. Wearmouth
==> picture [298 x 71] intentionally omitted <==
Company Secretary
K.R. Huxter
Accountants
Quantic Accountancy Limited 1 Second Avenue Bluebridge Halstead Essex CO9 2SU
Bankers
CAF Bank Limited 25 Kings Hill Avenue Kings Hill West Maling Kent ME19 4JQ
Page 2
Braintree Youth Project Charity Trustees Annual Report
OBJECTIVES AND ACTIVITIES
The purpose of the charity is to improve the life chances of the young people of Braintree, through the provision of a youth club.
The youth club forms the basis for the provision of services to meet the needs of the young people in areas such as substance abuse, health, welfare, education, employment and relationships etc
ACHIEVEMENTS AND PERFORMANCE
The charity received grants and donations totalling £68,440 (2023: £62,960)
PLANS FOR FUTURE PERIODS
The trustees intend to continue its policy of providing services through the youth club to the young people of Braintree.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity was incorporated on 11 November 2010 and is governed by the Memorandum and Articles of Association of the company, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The trustees have considered the risks faced by the charity and identified the major risks to which the charity is exposed.
They have reviewed those risks and satisfied themselves that there are controls in place to mitigate their potential effect.
New members of the board are identified by existing members to fill particular skills gaps and are given appropriate charity legislation guidance.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
A.L. East Trustee 13 May 2025
Page 3
Braintree Youth Project Charity Independent Examiners Report
Independent Examiner's Report to the trustees of Braintree Youth Project Charity
I report to the charity trustees on my examination of the financial statements of Braintree Youth Project Charity for the year ended 31 October 2024.
Responsibilities and basis of report
As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.
Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in accordance with section 386 of the 2006 Act ; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
-
the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
S J Foster (FCCA) ACCA Quantic Accountancy Limited 1 Second Avenue Bluebridge Halstead Essex CO9 2SU 13 May 2025
Page 4
Braintree Youth Project Charity Statement of Financial Activities
for the year ended 31 October 2024
| Notes Income and endowments from: Donations and legacies 4 Charitable activities 5 Investments 6 Other 7 Total Expenditure on: Charitable activities 8 Other 9 Total Net gains on investments Net expenditure 10 Transfers between funds Net expenditure before other gains/(losses) Other gains and losses Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds 2024 £ 11,995 - 63 1,480 |
Restricted funds 2024 £ 56,445 141 - - |
Total funds 2024 £ 68,440 141 63 1,480 |
Total funds 2023 £ 62,960 490 123 400 |
|---|---|---|---|---|
| 13,538 355 22,280 |
56,586 3,203 46,485 |
70,124 3,558 68,765 |
63,973 10,196 61,934 |
|
| 22,635 - |
49,688 - |
72,323 - |
72,130 - |
|
| (9,097) - |
6,898 - |
(2,199) - |
(8,157) - |
|
| (9,097) | 6,898 | (2,199) | (8,157) | |
| (9,097) 13,283 |
6,898 46,316 |
(2,199) 59,599 |
(8,157) 67,756 |
|
| 4,186 | 53,214 | 57,400 | 59,599 |
Page 5
Braintree Youth Project Charity Summary Income and Expenditure Account
for the year ended 31 October 2024
| Income Interest and investment income Gross income for the year Expenditure Depreciation and charges for impairment of fixed assets Total expenditure for the year Net expenditure before tax for the year Net expenditure for the year |
2024 £ 70,061 63 70,124 68,855 3,468 72,323 (2,199) (2,199) |
2023 £ 63,850 123 |
|---|---|---|
| 63,973 | ||
| 70,722 1,408 |
||
| 72,130 | ||
| (8,157) | ||
| (8,157) |
Page 6
Braintree Youth Project Charity Balance Sheet
at 31 October 2024
| Company No. 07437568 Notes 2024 £ Fixed assets Tangible assets 12 15,004 15,004 Current assets Debtors 13 5,626 Cash at bank and in hand 37,349 42,975 Creditors:Amount falling due within one year 14 (579) Net current assets 42,396 Total assets less current liabilities 57,400 Net assets excluding pension asset or liability 57,400 Total net assets 57,400 The funds of the charity Restricted funds 15 Restricted income funds 53,214 53,214 Unrestricted funds 15 General funds 4,186 4,186 Reserves 15 Total funds 57,400 |
2023 £ 4,346 |
|---|---|
| 4,346 3,551 52,860 |
|
| 56,411 (1,158) |
|
| 55,253 59,599 |
|
| 59,599 | |
| 59,599 | |
| 46,316 | |
| 46,316 13,283 |
|
| 13,283 | |
| 59,599 |
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 31 October 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 13 May 2025
And signed on its behalf by:
D.J. Huxter Trustee 13 May 2025
Page 7
Braintree Youth Project Charity Notes to the Accounts
for the year ended 31 October 2024
- 1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
Fund accounting
-
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
-
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
-
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Income
-
Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
-
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
-
Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
-
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 8
Braintree Youth Project Charity Notes to the Accounts
Expenditure
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT expenditure which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Equipment 15% Straight line
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Page 9
Braintree Youth Project Charity Notes to the Accounts
Leased assets
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
Pension costs
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
Receipt of donated goods, facilities and services
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
2 Company status
The company is a private company limited by guarantee and consequently does not have share capital.
Page 10
Braintree Youth Project Charity Notes to the Accounts
3 Statement of Financial Activities - prior year
| Income and endowments from: Donations and legacies Charitable activities Investments Other Total Expenditure on: Charitable activities Other Total Net income Transfers between funds Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 4 Income from donations and legacies Grants received Donations 5 Income from charitable activities Youth courses and projects |
Unrestricted £ 1,367 10,628 11,995 |
Unrestricted funds 2023 £ 14,002 - 123 400 14,525 339 17,250 17,589 (3,064) (5,383) (8,447) (8,447) 21,730 13,283 Restricted £ 56,445 - 56,445 Restricted £ 141 141 |
Restricted funds 2023 £ 48,958 490 - - 49,448 9,857 44,684 54,541 (5,093) 5,383 290 290 46,026 46,316 Total 2024 £ 57,812 10,628 68,440 Total 2024 £ 141 141 |
Total funds 2023 £ 62,960 490 123 400 |
|---|---|---|---|---|
| 63,973 10,196 61,934 |
||||
| 72,130 | ||||
| (8,157) - |
||||
| (8,157) | ||||
| (8,157) 67,756 |
||||
| 59,599 | ||||
| Total 2023 £ 53,099 9,861 |
||||
| 62,960 | ||||
| Total 2023 £ 490 |
||||
| 490 |
Page 11
Braintree Youth Project Charity Notes to the Accounts
6 Income from investments
| Bank interest received 7 Other income Rental income 8 Expenditure on charitable activities Expenditure on charitable activities Youth courses and projects Youth sports equipment Governance costs Independent examiners fee 9 Other expenditure Refund of grant Marketing costs Employee costs Premises costs Amortisation, depreciation, impairment, profit/loss on disposal of fixed assets General administrative costs Legal and professional costs 10 Net expenditure before transfers This is stated after charging: Depreciation of owned fixed assets |
Unrestricted £ - - 355 355 Unrestricted £ - 245 1,028 12,868 2,934 4,888 317 22,280 |
Unrestricted £ 63 63 Unrestricted £ 1,480 1,480 |
Total 2024 £ 63 63 Total 2024 £ 1,480 1,480 |
Total 2023 £ 123 |
|---|---|---|---|---|
| 123 | ||||
| Total 2023 £ 400 |
||||
| 400 | ||||
| Restricted £ 2,973 230 - 3,203 Restricted £ 1,750 - 41,251 2,950 534 - - 46,485 2024 £ 3,468 |
Total 2024 £ 2,973 230 355 3,558 Total 2024 £ 1,750 245 42,279 15,818 3,468 4,888 317 68,765 |
Total 2023 £ 9,501 356 339 |
||
| 10,196 | ||||
| Total 2023 £ - 744 44,576 12,158 1,408 2,790 258 |
||||
| 61,934 | ||||
| 2023 £ 1,408 |
Page 12
Braintree Youth Project Charity Notes to the Accounts
| 11 | Staff costs | ||
|---|---|---|---|
| 2024 | 2023 | ||
| Salaries and wages | 40,238 | 42,799 | |
| Pension costs | 938 | 1,315 | |
| 41,176 | 44,114 | ||
| No employee received emoluments in excess of £60,000. | |||
| The average monthly number of full time equivalent employees | during the year was as follows: | ||
| 2024 | 2023 | ||
| Number | Number | ||
| Youth worker | 3 | 2 | |
| Administration | 1 | 1 | |
| 4 | 3 | ||
| 12 | Tangible fixed assets | ||
| Equipment | Total | ||
| £ | £ | ||
| Cost or revaluation | |||
| At 1 November 2023 | 16,479 | 16,479 | |
| Additions | 14,126 | 14,126 | |
| At 31 October 2024 | 30,605 | 30,605 | |
| Depreciation and | |||
| impairment | |||
| At 1 November 2023 | 12,133 | 12,133 | |
| Depreciation charge for the | 3,468 | 3,468 | |
| year | |||
| At 31 October 2024 | 15,601 | 15,601 | |
| Net book values | |||
| At 31 October 2024 | 15,004 | 15,004 | |
| At 31 October 2023 | 4,346 | 4,346 | |
| 13 | Debtors | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Trade debtors | 1,970 | 603 | |
| Other debtors | 2,000 | 2,000 | |
| Prepayments and accrued income | 1,656 | 948 | |
| 5,626 | 3,551 | ||
| 14 | Creditors: | ||
| amounts falling due within one year | |||
| 2024 | 2023 | ||
| £ | £ | ||
| Other taxes and social security | 227 | 14 | |
| Accruals | 352 | 1,144 | |
| 579 | 1,158 |
Page 13
Braintree Youth Project Charity Notes to the Accounts
15 Movement in funds
| Restricted funds: Restricted income funds: Salaries Premises Costs Sports Equipment and Sessions Heating Activities and Trips Horticultural Project Media Project Total Unrestricted funds: General funds Total funds |
At 1 November 2023 - 5,556 4,075 - 33,194 2,050 1,441 46,316 13,283 59,599 |
Incoming resources (including other gains/losses) £ 54,495 300 - - 1,791 - - 56,586 13,538 70,124 |
Resources expended £ - (41,251) (764) (4,700) (2,973) - - (49,688) (22,635) (72,323) |
At 31 October 2024 £ 54,495 (35,395) 3,311 (4,700) 32,012 2,050 1,441 |
|---|---|---|---|---|
| 53,214 | ||||
| 4,186 | ||||
| 57,400 |
Purposes and restrictions in relation to the funds:
Restricted funds: Salaries Fund staff costs Premises Costs Fund cost of premises Sports Equipment and Fund cost of sports equipment and running sessions Sessions Heating Fund cost of sports equipment and running sessions Activities and Trips Fund cost of activities and trips Horticultural Project Fund cost of a horticultural project Media Project Fund cost of a media project
16 Analysis of net assets between funds
| Fixed assets Net current assets |
Unrestricted funds £ 13,502 30,902 44,404 |
Restricted funds £ 1,502 11,494 12,996 |
Total £ 15,004 42,396 |
|---|---|---|---|
| 57,400 |
Page 14
Braintree Youth Project Charity Notes to the Accounts
17 Reconciliation of net debt
| Reconciliation of net debt | |||
|---|---|---|---|
| Cash and cash equivalents Net debt |
At 1 November 2023 £ |
Cash flows £ |
At 31 October 2024 £ |
| 52,860 | (15,511) | 37,349 | |
| 52,860 52,860 |
(15,511) (15,511) |
37,349 | |
| 37,349 |
18 Commitments
Operating lease commitments
Annual commitments under non-cancellable operating leases are as follows:
| Operating leases with expiry date: Within one year In the second to fifth years inclusive Pension commitments The pension cost charge to the company amounted to: Related party disclosures Controlling party |
2024 Land and buildings £ - 8,000 8,000 |
2024 Other £ - - - 2024 £ 938 |
2023 Land and buildings £ - 8,000 8,000 |
2023 Other £ 264 - |
|---|---|---|---|---|
| 264 | ||||
| 2023 £ 1,315 |
||||
19 Related party disclosures
There is no controlling party.
Page 15
Braintree Youth Project Charity Detailed Statement of Financial Activities
for the year ended 31 October 2024
| Income and endowments from: Donations and legacies Grants received Donations Charitable activities Youth courses and projects Investments Bank interest received Other Rental income Total income and endowments Expenditure on: Charitable activities Youth courses and projects Youth sports equipment Governance costs Independent examiners fee Total of expenditure on charitable activities Other expenditure Refund of grant Marketing costs Employee costs Salaries/wages Pension costs Staff entertainment Staff recruitment Staff training Premises costs Rent Rates |
Unrestricted funds 2024 £ 1,367 10,628 11,995 - - 63 63 1,480 1,480 13,538 - - - 355 355 355 - 245 245 - - 468 - 560 1,028 8,000 267 |
Restricted funds 2024 £ 56,445 - 56,445 141 141 - - - - 56,586 2,973 230 3,203 - - 3,203 1,750 - 1,750 40,238 938 - 75 - 41,251 - - |
Total funds 2024 £ 57,812 10,628 68,440 141 141 63 63 1,480 1,480 70,124 2,973 230 3,203 355 355 3,558 1,750 245 1,995 40,238 938 468 75 560 42,279 8,000 267 |
Total funds 2023 £ 53,099 9,861 |
|---|---|---|---|---|
| 62,960 | ||||
| 490 | ||||
| 490 | ||||
| 123 | ||||
| 123 | ||||
| 400 | ||||
| 400 | ||||
| 63,973 9,501 356 |
||||
| 9,857 | ||||
| 339 | ||||
| 339 | ||||
| 10,196 - 744 |
||||
| 744 | ||||
| 42,799 1,315 446 - 16 |
||||
| 44,576 | ||||
| 8,000 872 |
Page 16
Braintree Youth Project Charity Detailed Statement of Financial Activities
| Light, heat and power Premises cleaning Premises insurances Premises repairs and maintenance General administrative costs, including depreciation and amortisation Depreciation of Equipment Bank charges General insurances Postage and couriers Software, IT support and related costs Stationery and printing Subscriptions Telephone, fax and broadband Legal and professional costs Other legal and professional costs Total of expenditure of other costs Total expenditure Net gains on investments Net expenditure Net expenditure before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
1,457 359 1,030 1,755 12,868 2,934 66 651 9 1,209 1,626 469 858 7,822 317 317 22,280 22,635 - (9,097) (9,097) - (9,097) 13,283 4,186 |
- - - 2,950 2,950 534 - - - - - - - 534 - - 46,485 49,688 - 6,898 6,898 - 6,898 46,316 53,214 |
1,457 359 1,030 4,705 15,818 3,468 66 651 9 1,209 1,626 469 858 8,356 317 317 68,765 72,323 - (2,199) (2,199) - (2,199) 59,599 57,400 |
1,382 223 365 1,316 |
|---|---|---|---|---|
| 12,158 | ||||
| 1,408 125 642 14 247 915 305 542 |
||||
| 4,198 | ||||
| 258 | ||||
| 258 | ||||
| 61,934 | ||||
| 72,130 - |
||||
| (8,157) | ||||
| (8,157) - |
||||
| (8,157) | ||||
| 67,756 | ||||
| 59,599 |
Page 17